Ankit Shah

Experience

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  Basket Options Pvt. Ltd.

  Jul 2008 - Mar 2009

  Asst. Manager - Business Development

  Ensured effective management of health insurance related formalities and documentationsInterfaced with customers and corporate to understand their requirement and suggest products to suit the specific requirements and provided guidance to clients on usage of insurance policies and the regulatory requirements.Effectively managed the customer relation and ensured maximum customer satisfaction through delivery & service quality norms.

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  Greenback Advisory Services Pvt Ltd

  Apr 2009 - Dec 2012

  In depth exposure to Forex Market with understanding of global fundamentals and various related trendsExposure to International Trade Finance with a deep understanding of its various guidelines and procedurePreparing analytical reports on currency fluctuations, forecasting market movements & financial planningHandling forex exposures of all size of corporate: big, medium & smallInteraction with customers to understand and reciprocate their requirements and suggest various procedures and strategies and provide guidance to client on usage of currency market volatility and regulatory requirements Show less

  • Senior Manager - Currency (Forex) Risk Advisory

    Jul 2012 - Dec 2012

  • Manager - Business Development

    Apr 2009 - Jun 2012
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  ICICI Bank

  Dec 2012 - Sept 2014

  Manager - Markets Group (Treasury)

  Achieving revenue targets from sale of treasury products – foreign exchange and derivatives. Understand the Forex exposures and related requirements of large and SMEs clients-both trade and capital flows and help clients hedge them by structuring and offering different Hedging and derivative products.Knowledge of and compliance with RBI regulations and internal guidelines related to trade and forex products including and not limited to FEMA, ISDA, trade documentation, authority documentation (Board resolution), Audit Certificates etc.Expert knowledge of the foreign exchange (FX) and interest rate (IR) market to provide relevant market information to clientsManaging the Forex exposures by tracking "Marked to Market" position of client portfolio and keeping their position in control. Show less

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  HDFC Bank

  Sept 2014 - Mar 2024

  in depth knowledge of Trade Finance Products. Imports: Letters of Credit Issuance, Advance / Direct Remittances, Bills on Collections, Buyers/Suppliers Credits, Bank Guarantee/SBLC Exports: Pre Shipment Finance, Post Shipment Finance, Export Collections, Export LC Advising, Bank Guarantee Inland Trade: Inland Letters of Credit, Bank Guarantee Remittances: Inward Remittances, and Remittances for non trade.Good Knowledge on Forex and derivatives markets, conversant with concepts like Cash,Tom, Spot and hedging products like Forwards, OptionsKnowledge on FEMA regulation & FDI policy - FCGPR, FCTRS, ECB filingsMeeting service trade related queries & requirement of clients by liaising with Ops/product/central team.Responsible for income and FCY through-put target set for the TFX products for the respective branches/business being supported. Show less

  • Assistant Vice President

    Jun 2022 - Mar 2024

  • Senior Manager Trade Finance and Forex

    Oct 2018 - Jun 2022

  • Manager - Retail Trade & Forex

    Sept 2014 - Oct 2018
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  Axis Bank Limited

  Mar 2024 - now

  Assistant Vice President Trade